€5.9m fund open to Irish start-ups

A leading European venture capital firm has joined forces with Enterprise Ireland to launch a new multi-millon euro fund aimed exclusively at the Irish market.

European micro-cap venture capital firm, Hoxton Ventures, yesterday announced the launch of its new €5.875m fund as part of the Government’s €700m Seed and Venture Capital Scheme.

The London-based firm has been quietly meeting with Irish entrepreneurs for the last few months and expects to make several investments in Irish start-ups over the coming three years.